The online retail giant plans to divide the $5 billion HQ2 project between two locations, The Wall Street Journal said, citing a person familiar with the matter. The two cities will end up with about 25,000 workers each.
Amazon is approaching its end-of-year deadline for deciding where it will locate the $5 billion campus, and two national newspapers reported over the weekend that an area in northern Virginia is far along in negotiations.
A brewery and restaurant that hoped to be part of the revitalization of the south end of the Butler-Tarkington neighborhood has closed, citing “unexpected circumstances.”
The Meridian-Kessler eatery also involves Scotty’s Brewhouse founder Scott Wise. It will join a clothing boutique and a taproom in the former Big Al’s Superstore space.
All three establishments are set to open this month on Broad Ripple Avenue in former restaurant and bar spaces.
The company, which on Thursday reported better-than-expected sales in the U.S., faced criticism on Twitter Friday morning as customers reported problems with its popular smartphone app.
Meanwhile, the hedge funds that now own the Toys “R” Us brand plan to relaunch the toy retailer as a standalone operation next year, according to people familiar with the matter.
It will be the first Indianapolis location for Taxman, which also has operations in Johnson and Hancock counties.
Harrison conducted what’s now considered the first “front porch” campaign, in which he delivered short speeches to visiting delegations at his home on Delaware Street and later from a platform created for him in University Park.
Redevelopment projects are dramatically reshaping several blocks along the Monon Trail in Carmel—and an end to construction isn’t in sight for the Midtown area.
The Indianapolis-based real estate investment trust executed 93 leases and opened spaces for 39 new tenants in the quarter.
One complication is that Sears—not Simon Property Group—controls the Castleton Square space.
The funds are expected to help the neighborhood and its partners invest in upgrades to the area’s local park and improve the infrastructure of South Meridian Street, as well as build several hundred new units of affordable housing.
Birge & Held plans to rehabilitate the 304-unit community and target low- and moderate-income renters, who face a shortage of affordable housing.
The Indianapolis area is down to two Claddagh locations after the closure. The restaurant’s parent company says it plans to put the property up for sale in the next two weeks.
The new owner of the site is bullish enough on the Indianapolis market to start development of the 1 million-square-foot building without having a user signed for the space.
Low unemployment, elevated consumer confidence and stronger household finances are encouraging shoppers to dip confidently into their cash.
A developer is seeking zoning changes and development variances from the city that would allow it to build a high-density, five-story apartment complex on a half-block near the Vogue nightclub.
Suppliers are still gun-shy after their experience with Toys ‘R’ Us, which went out of business months after filing for Chapter 11 reorganization in the fall of 2017, leaving them with millions of dollars in unpaid bills.
Simon Property Group Inc. on Thursday raised it outlook for the rest of the year after surpassing analyst expectations in a key quarterly performance category for real estate investment trusts.
